SpaceX could file for mammoth IPO this week
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Reports that the firm plans the biggest listing ever sent the shares of firms in its orbit soaring.
Elon Musk’s rocketmaker SpaceX has told investors it hopes to raise roughly $75bn in its initial public offering, raising its ambitions for what was already set to be the largest listing in history. The Texas-headquartered company had previously signalled it was seeking to raise $50bn,
There is a rush to invest in the fastest-growing private companies before they go public, despite legal and financial risks. Bloomberg journalists answer your questions in a Live Q&A on March 25 at 11:30 a.
SpaceX could seek a $1.75 trillion valuation.
The rocket company's plan to have boats carry Starships from Texas to Florida is getting closer to reality with port officials in talks with the firm about leasing space to build a dock.
SpaceX has spent over two decades as a private company and is hurtling towards what is expected to be the largest IPO in history. Space stocks like EchoStar (NASDAQ:SATS), Rocket Lab (NASDAQ:RKLB), and Planet Labs (NYSE:PL) could pop quickly after SpaceX goes public and re-defines the valuations across the whole industry.
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SpaceX IPO excitement sends space stocks soaring as Wall Street prepares for blockbuster offering
SpaceX could file for its long-awaited IPO within days, and investors excitement for the colossal offering is sending space stocks higher on Wednesday.
SpaceX is reportedly looking to file for an initial public offering. Funds that own private stakes are soaring. But buyer beware.